/biz/ - Business & Finance

[Anonymous No.49429818]

Why do tokens with actual utility and use for the future like GRT, HBAR and LINK perform so poorly?

Is it just a case of waiting patiently until mass adoption happens?

[Anonymous No.49429848]

>>49429818
I dont know anything about LINK but could it be due to its tokenomics?
>id POoO
nice

[Anonymous No.49429849]

>>49429818
>POoOp ID
lmao

[Anonymous No.49429867]

>>49429818
In a clown world utility does not matter, see Dogecoin.


Ridiculous ID by the way

[Anonymous No.49429968]

>>49429818
Because the market is still immature. Every bullrun we suck in newbies on the get rich quick train jumping into every project without knowing a thing. it takes a few years for them to mature if they haven't left the market by then. Qnt hbar link etc will perform but average Joe can't conceptualize what they really do so price reflects that also pooop ID

[Anonymous No.49430226]

>>49429818
Because most people are stupid.
The average person does not realize who is their true enemy, the one playing with the economy, the one feeding him cancer food, the one dumbing down their kids.
Since half the population is even dumber than that, most just follow the light and don't think too much, they don't want to "feel bad things" so they don't even engage in mental activity.

Just tiktoking, uber eating, netflixing and chilling.
By definition, they don't even think of their future. How could they fathom the one of their society ??

But they like money ! So they just follow the money, because to them, crypto is just like a casino (not that false actually) and they like to gamble, of course.

I don't consider holding HBAR or LINK as a gamble for example, I know that if those doesn't survive, the whole crypto will be useless, besides storing value, which I would prefer to leave to gold if I had the choice. But it required a lot fo research to reach that point. I went from GME loser to this, so I can sympathise with the need of a quick buck.

[Anonymous No.49430330]

>>49429968
>>49430226
So my estimation that until there is true mass adoption it's unlikely to see huge gains for these types of tokens (outside of a bull run rally)?

[Anonymous No.49430426]

>>49429818
>POoOp

utility tokens arent ponzis usually

[Anonymous No.49430514]

>>49429818
>poooping
because people don't understand how crypto works. especially not super in depth techs such as LINK and HBAR.

[Anonymous No.49430603]

>>49429818
Tokens of actual utility are massive and huge. But the problem lies in the situation where there's massive tokens that've been fucked now.

Which is why it's important to have an aspect of Memeability into things, because there's only a way that there's going to be a growth scope in Crypto.

Which is why I thought of being able invest in $VINU - Metaverse + Memecoin + Fast&Feesless + Blue doggy + VR Integration + Binance Listing incoming = Megawinner

[Anonymous No.49430725]

>>49430330
Yes. If you could time the market, holding utility tokens at this moment would be a terrible mistake. You'd have made millions more with Shiba/Doge.
But can you time the market ?

[Anonymous No.49430753]

>>49430330
You'll probably outperform the stock market in any of them, but there needs to be a mass adoption of knowledge which a lot will arrive after regulation. People will realize that refusing to take action and learn about the industry is seriously disadvantaging them financially. The financial divide between us who understand these projects now and those who don't will only grow wider and result in more inequity as they are used to governments looking after them and keeping them secure with change. This time however responsibility lands wholly on the individual.

[Anonymous No.49431068]

>>49429818
I'll make it simple:
>tokens with utility are like Amazon stock - it's blindingly obvious that it's going to turn profit if you do proper research and wait until adoption happens
>99.9% of crypto, however, is GME - hard-and-fast pumping shit that's only on anyone's radar because of mass retardation, useless, but bringing in cash
>most people see pumping bullshit and think "THAT's how GOOD STUFF works!" and proceed to lose their money, later on claiming that "it's all luck, just a lottery, no use thinking about it, game's rigged"
You won't necessarily get rich buying the tech, but I know I sleep better knowing that there's actual rationale behind where I put my money
>cute id btw :*

[Anonymous No.49431487]

>>49429818
>LINK
fees but no staking, this is changing soon

>GRT
staking but no fees, this is changing soon

[Anonymous No.49431511]

>>49429818
as for hbar, nobody really uses it

[Anonymous No.49431551]

>>49431511
this is changing soon

[Anonymous No.49432507]

it will be only a matter of time until hbar powers the web3 economy, with the hbar foundation as its backbone bringing big names to build on hedera

[Anonymous No.49434741]

>>49429818
harder to scam witless idiots

[Anonymous No.49434803]

>>49429818

Because people don't care about actual projects that address clear and present dangers in the near future. They just want to get rich.

Pic rel.